比特币动摇但仍然站着：解码美国制造的扑克动作

通过宣布进入美国的钢铁和铝的25％关税，他在金融市场上撒了恐慌。比特币没有免于打屁股

Donald Trump's "Make America Great Again" initiatives have had a wide range of effects on the financial markets, including bitcoin.

唐纳德·特朗普（Donald Trump）的“使美国再次伟大”倡议对包括比特币在内的金融市场产生了广泛的影响。

When Trump announced 25% tariffs on steel and aluminum entering the United States, it caused panic in the markets. Bitcoin briefly dropped to $94,000 before bouncing back to over $97,000.

当特朗普宣布对进入美国的钢铁和铝征收25％的关税时，这引起了市场的恐慌。比特币短暂降至94,000美元，然后弹跳到97,000美元以上。

The same story unfolded for Ether, which fell to $2,537 before recovering above $2,645.

Ether的同样故事跌至2,537美元，然后恢复了2,645美元。

The crypto market as a whole wobbled, with total capitalization dropping from $3.15 to $3.10 trillion. However, after a few hours of panic, the bullish trend resumed.

加密市场整体摇摆不定，总资本化从3.15美元下降到3.10万亿美元。但是，经过几个小时的恐慌，看涨的趋势恢复了。

The fear, measured by the Crypto Fear & Greed Index, is nonetheless still very present. It dropped from 46 to 43 in just 24 hours, signaling a market still timid.

通过加密恐惧和贪婪指数来衡量的恐惧仍然非常存在。它在短短24小时内从46下降到43个，这表明市场仍然胆怯。

Trump, for his part, has not finished playing the troublemaker: after steel and aluminum, he already plans to tackle other sectors like semiconductors and oil.

就特朗普而言，他尚未完成扮演麻烦制造者：在钢铁和铝制之后，他已经计划解决其他部门，例如半导体和石油。

This is not the first time that the markets have taken a Trump-signed uppercut. Since the beginning of the month, the former president has been multiplying protectionist announcements, imposing 25% tariffs on imports from Canada and Mexico, and 10% on those from China.

这不是市场第一次参加特朗普签名的上议院。自本月初以来，前总统一直在增加贸易保护主义的公告，对加拿大和墨西哥的进口征收25％的关税，而来自中国的进口税率为10％。

The result? A generalized chaos, from Nasdaq to cryptos to South Korean steel mills.

结果？从纳斯达克到加密货币再到韩国钢铁厂的广义混乱。

If certain U.S. trading partners hope these measures won't last long, Trump persists and signs:

如果某些美国贸易伙伴希望这些措施不会持续很长时间，那么特朗普坚持不懈地迹象：

“ If we are taxed at 130% and we don’t tax anything in return, it won’t stay like this,” he stated.

他说：“如果我们以130％的税率征税，而我们不征税任何回报，那就不会这样。”

This protectionist power move however has its limits. During the previous wave of tariffs, he had to backtrack by suspending tariffs on Canada and Mexico after just 30 days.

但是，这种贸易保护主义的动力移动有其限制。在上一波关税期间，他不得不在短短30天后暂停对加拿大和墨西哥的关税来回溯。

But let's be clear: the truce is only temporary, and the markets are already trembling at the thought of a new wave of surcharges.

但是，让我们清楚一点：休战只是暂时的，并且在想到新的附加费时，市场已经在发抖。

While bitcoin and the crypto market quickly digested the news, the situation remains fragile. Every Trump announcement causes a shockwave, and the latest episode is not going to reassure investors.

尽管比特币和加密市场很快消化了新闻，但情况仍然脆弱。每个特朗普的公告都会引起冲击波，最新一集不会让投资者放心。

Liquidations have been colossal, reaching between $8 and $10 billion according to Bybit.

清算是巨大的，根据拜特比特（Bybit）的说法，达到8至100亿美元。

Some figures to measure the extent of the shock:

一些数字来衡量冲击的程度：

Although the storm seems temporarily calmed, the specter of a collapse still looms. If Trump follows through on his threats and reintroduces the suspended tariffs, the crypto market could experience another shakeup.

尽管暴风雨似乎暂时平静了，但崩溃的幽灵仍然隐约可见。如果特朗普遵循自己的威胁并重新引入了暂停的关税，那么加密货币市场可能会再次进行改动。

This sudden drop, although quickly corrected, illustrates the market’s fragility in the face of Trump’s whims. Some analysts even estimate that Bitcoin could still collapse, especially if the crucial threshold of $93,000 were to be tested again. One might say that the battle between BTC and U.S. protectionist decisions is just beginning.

这种突然的下降虽然很快得到纠正，但表明了面对特朗普的异想天开的市场脆弱性。一些分析师甚至估计比特币仍然可能崩溃，尤其是如果要再次测试93,000美元的关键门槛。有人可能会说，BTC和美国贸易保护主义决定之间的战斗才刚刚开始。